Previous Close | 93.51 |
Open | 93.02 |
Bid | 91.23 x 135000 |
Ask | 91.36 x 134300 |
Day's Range | 92.65 - 93.02 |
52 Week Range | 66.04 - 93.51 |
Volume | |
Avg. Volume | 133 |
Market Cap | 150.571B |
Beta (5Y Monthly) | 1.40 |
PE Ratio (TTM) | 18.27 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 3.14 (3.36%) |
Ex-Dividend Date | Apr 29, 2024 |
1y Target Est | N/A |
Morgan Stanley (MS) executive chairman James Gorman will be stepping down from his role at the end of the year. Speaking at the company's annual shareholder meeting, Gorman, who formerly served as the bank's CEO, cited the "successful" transition to new CEO Ted Pick as his reason for stepping away from the position. Yahoo Finance's Madison Mills and Seana Smith explain why the news shouldn't be a surprise to shareholders. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Stephanie Mikulich.
James Gorman, the former longtime CEO of Morgan Stanley will step down as board chair at the end of the year, he told shareholders Thursday. Gorman pointed to an “unusually smooth” transition of power to CEO Ted Pick, who took over in January. “Given this successful transition, it’s appropriate to confirm that I will formally step down as chairman of Morgan Stanley on December 31 of this year, as this will be my last shareholder meeting,” he said.
Morgan Stanley (MS) concluded the recent trading session at $100.74, signifying a -0.78% move from its prior day's close.